LONDON (ShareCast) - (Sharecast News) - Intellectual property-focussed investor Tekcapital updated the market on its portfolio company Guident on Friday, reporting that it had now filed its eighth patent application.
The AIM-traded firm said Guident, which develops software for improving the safety of autonomous vehicles (AVs) and delivery robots, had filed the patent application for improvements to its remote monitoring and control centre for AVs.

It said the United States patent application was titled 'Near Real-Time Data and Video Streaming System for a Vehicle, Robot or Drone'.

Tekcapital also said that Guident attended the 2022 Consumer Electronic Show (CES) in Las Vegas, and while there, it held meetings with potential customers and partners.

It said Guident reported positive feedback and a desire from potential partners to collaborate, with discussions said to be ongoing.

Additionally, Guident reported progress with their regenerative shock absorbers, with prototypes now fabricated and being evaluated by independent test facilities to confirm their performance and capabilities.

Tekcapital said Guident was in discussions with potential customers and strategic partners to both manufacture and use the regenerative shock absorbers.

"We have achieved what we believe to be one of the lowest glass-to-glass - or camera-to-monitor - latencies in the market," said Guident chairman and chief executive officer Harald Braun.

"This technology is required by teleoperations, which enables a human to remotely monitor and control an autonomous vehicle, as it facilitates rapid image analysis for quick decision making."

At 0924 GMT, shares in Tekcapital were up 3.08% at 30.15p.

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